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ARTICLE i: CONTRACT CONTENT
Side B-Dong Duong JSC agreed for party A-COTEC company POTAIN tower crane rental-MC 175B investor to use at the STAR CITY-Le Van Luong, Thanh Xuan district, Ha Noi city, details as follows:
1. Category of device: POTAIN Tower Cranes model MC175B, type P16A kind stand apart, maximum height under hook HUH 44m, reach a maximum of 60 m, the work load to a maximum of 1,400 Kg, crane-body size: 1.6 m x 1.6 m x 3.0 m (Fuselage composite).
2. Quantity: 01 (a).
3. Device status: production in 2009-2011, party B is committed to assuring a good device works, the case is not good quality equipment, damaged frequently affect progress of party A, party B is responsible for reimbursement of damages.
4. Tower crane rental costs are shown in detail as follows:
Money USD
TT
Number Tr.vnd job description the amount of time expected rent price
(per month) into money
1 tower crane rental costs in height, 44m 1,872,000,000 78,000,000 12 Sets 02
2 costs of maintenance, periodic maintenance, 02, 12 sets of 3 million 72,000,000
amount (USD) 1,944,000,000
VAT 10% (USD) 194,400,000
2,138,400,000
5 into money. Estimating costs applicable equipment operating lease are as follows:
the main driver for staff 01-01 crane: 6,450,000, 000/month (working under anthems).
-02 officer driving for crane 01: 11.4 million VND (working under anthems).
in the case of overtime overtime shall according to Appendix 1 attached are integral parts of this agreement.
6. In the case of A Party requires lifting tower crane at 44m and hire more stems, the cost is calculated as follows:
-hull rental costs (1.6 m x 1.6 m x 3 m): 1,485,000 USD/user/month. (Counted from when the body lift tower cranes).
-so enraged rental costs: 4,620,000 USD/sets/month. (Calculated from when completed the upgrade and so enraged tower crane).
Party A mandate for Mr Nguyen Van Ut-Commander of the school-Tel: 351 0908 743, representing A Party directly work with Party B to sign the minutes, handed and solves the problems arising at work.
ARTICLE II: TOWER CRANE RENTAL TIME
1. Tower crane rental time recorded in the temporary table on 12 May.
2. Period: from April 11 2011 to February 2012. Around this time can vary according to the actual situation of the market and the agreement between the two parties.
3. Estimated time provide tower cranes to the project: November 2011.
4. Time to start the actual tower crane rental is calculated from when the device of Side B is the competent authority granted the license to operate the text of party A notice to stop tower crane rental.
5. Party B is committed not to arbitrarily stop providing the service, as well as voluntarily not transport the device beyond the school during construction without good reason. The device placed at the submit of the executives on the B and the leadership works.
6. If there arises in the course of construction of party A and party B will do Appendix a contract that costs do not change.
ARTICLE III: FORWARDING METHOD for
1. Place of installation: In the STAR CITY-Le Van Luong, Thanh Xuan district, Ha Noi city.
2. Shipping: Party A is responsible for transporting tower cranes from the arsenal of Party B to party A 's-STAR CITY-Le Van Luong, Thanh Xuan district, Hanoi City and vice versa.
3. Time of installation-dismantling and lifting devices: led by party A is responsible for the erection, dismantling and lifting tower cranes at construction sites under the supervision of the technical personnel of party A and Party B shall pay Party B for monitoring is 5,000,000 USD/1 times (In million) erection, dismantling and lifting tower crane, rates include VAT 10%.
4. Party A transfer scheme implementation, assess erection, dismantling and lifting tower crane for Side b. Side B will be agreed upon and consistent with the A Side of this approach before erection or dismantling and lifting tower crane.
5. Party B will hand over the equipment for A Party through the minutes of delivery confirmation signature of 03 (three) particular parties: Side A – Deputy VTTB and the Commander of The school and the party B.
ARTICLE IV:
1 PAYMENT METHOD. Form of payment: Bank transfer.
2. After the contract was signed, on A deposit prior to 162,000.000 000 (one hundred and sixty two million), two (2) months rents & maintenance (excluding VAT) to bail for the party A party equipment rental will B. this amount will be deducted from the rent of the equipment of two (2) last month works.
3. Equipment rents will be paid every month.
4. Tower crane rental and operating employees will be billed monthly and end date, rent is the last day of each month.
5. Party A party B will send cash voucher at the end of March in on 07 rental (includes confirmation of workers dot sheet works) and party A is responsible for confirming the figures between the concerned parts internally. Within 07 days after getting the votes counted by Party B, party A to party A if no feedback on the flaws of this cash voucher is regarded as the vote count got money on is correct, as the basis for Side B a printed invoice finance for A Party. Party A Party B for payment of the full amount of the invoice within 15 days of receiving an invoice finance from side B
6. In case party A too late for 15 to 20 days without the consent of the Parties B; Party B reserves the right to suspend services until they receive payment. Duration of suspension of service is still included in rent each month. If too slow on 30, party B reserves the right to end the contract, the costs incurred when withdrawing the device (scrap, shipping, ...) will be led by party A is responsible for pay.
7. Every month, party B sent to party A record payment at the following address:
The leadership works in STAR CITY-Corporation Commenced
address works: Le Van Luong, Thanh Xuan district, Ha Noi city.
the recipient profile: Mr. Nguyen Van Ut-SATURATED the market-TEL contact: 0908 351 743.
Article V: MAINTENANCE WORK
1. All maintenance work, repairs, replacement parts due to natural wear and tear in the course of construction of party B is responsible.
2. When the device caused minor damage, party B must finish the job check repairs within 24 hours from receipt of notice of party A; When Party B to the scene to repair the device, due to limited area, Party A will send support throughout the repair process. Within 24 hours from the receipt of notice requesting repair broken equipment if the B is not correct it will be a penalty of 5 million t/day, by compromising the progress of party A as well as doing the party A worker standing (depending which damaged equipment B repair or replacement). Party A will repair and technical support all expenses incurred for the support of this repair will be mutually agreed upon performance.
3. The case received A party announcement about the failure of the equipment; If Party B does not send officers to overcome the resulting affect construction; Party B shall be subject to reimbursement of damages, the value of reimbursement are deducted from the payment of the equipment rental. If after 2 days that Party B has still not sent the problem to the other technical damage to the device; Party A shall deduct monthly equipment rental levy. Deductibles are as follows:
= Deductible (on lease) x number of days of delay (tower cranes).
(not including fines in article V. 2)
4. If the device constantly day 07 tower crane damaged does not work and party B do not determine the time to fix this damage, party A will proceed to liquidate contracts. All costs for scrap as well as damages to party A by Party B is responsible to pay. At the same time Party B is responsible for replacing the other guarantees are technical requirements for Side A and all expenses incurred by the Parties B resistant.
5. When performing routine maintenance work, Party B shall inform party A before on 02 and when conducting maintenance, then the work must be completed within 24 hours.
ARTICLE VI: RESPONSIBILITIES of EACH party:
1. Party A's responsibilities:
-take on the conveyance, the device of tower crane from the arsenal of Party B to
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